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Qt At 31 May 2011 the balance on Calebs bank statement showed that he had $3,732 in the bank. When he carried out the reconciliation
Qt At 31 May 2011 the balance on Calebs bank statement showed that he had $3,732 in the bank. When he carried out the reconciliation between the bank statement and the bank account in his general ledger, he found the following: (i) unpresented cheques $5,729 (ii) uncredited cheques deposited at bank $822 (iii) bank fees levied $495 What overdraft balance should be shown as an adjusted bank statement balance at 31 May 2011?
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